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REGISTERED NUMBER: 00534664 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

G WOODMANSEY & SON LIMITED

G WOODMANSEY & SON LIMITED (REGISTERED NUMBER: 00534664)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


G WOODMANSEY & SON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: A G R Woodmansey
Miss W J Gibson





SECRETARY: A G R Woodmansey





REGISTERED OFFICE: Manor Farm
Bentley
Beverley
East Yorkshire
HU17 8PP





REGISTERED NUMBER: 00534664 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence
Chartered Accountants
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

G WOODMANSEY & SON LIMITED (REGISTERED NUMBER: 00534664)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 384,294 386,770
Investments 5 3,080 3,080
387,374 389,850

CURRENT ASSETS
Stocks 389,580 314,019
Debtors 6 93,918 92,308
Cash at bank 323,836 502,443
807,334 908,770
CREDITORS
Amounts falling due within one year 7 137,886 323,301
NET CURRENT ASSETS 669,448 585,469
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,056,822

975,319

CAPITAL AND RESERVES
Called up share capital 12,500 12,500
Retained earnings 1,044,322 962,819
1,056,822 975,319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2024 and were signed on its behalf by:



A G R Woodmansey - Director


G WOODMANSEY & SON LIMITED (REGISTERED NUMBER: 00534664)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

G Woodmansey & Son Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 1% on reducing balance and no provision
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

G WOODMANSEY & SON LIMITED (REGISTERED NUMBER: 00534664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2022 235,310 544,693 780,003
Additions - 77,443 77,443
Disposals - (54,309 ) (54,309 )
At 30 September 2023 235,310 567,827 803,137
DEPRECIATION
At 1 October 2022 3,181 390,052 393,233
Charge for year 58 49,312 49,370
Eliminated on disposal - (23,760 ) (23,760 )
At 30 September 2023 3,239 415,604 418,843
NET BOOK VALUE
At 30 September 2023 232,071 152,223 384,294
At 30 September 2022 232,129 154,641 386,770

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2022
and 30 September 2023 3,080
NET BOOK VALUE
At 30 September 2023 3,080
At 30 September 2022 3,080

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,886 29,098
Other debtors 88,032 63,210
93,918 92,308

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 71,201 276,163
Taxation and social security 20,073 1,046
Other creditors 46,612 46,092
137,886 323,301

G WOODMANSEY & SON LIMITED (REGISTERED NUMBER: 00534664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8. RELATED PARTY DISCLOSURES

As at 30th September 2023 the company owes the directors, £14.02. (2022 £34,206.93)

9. ULTIMATE CONTROLLING PARTY

The controlling party is A G R Woodmansey.